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The Ten Commandments of Using Heatseeker

Before you even take trades off Heatseeker for the first time, internalize these commandments. By abiding by them diligently, they can supercharge your trading:

  1. Thou shalt protect your existing capital at all costs.

  2. Thou shalt only trade reversals at floors or ceilings (not diddle in the middle)

  3. Thou shalt only trade asymmetric risk reward setups

  4. Thou shalt always consider where price was delivered from

  5. Thou shalt be aware of the broader market

  6. Thou shalt put technical analysis before utilizing Heatseeker

  7. Thou shalt seek confluence between Heatseeker and Price Action

  8. Thou shalt not oversize

  9. Thou shalt go long on red candles, and go short on green candles

  10. Thou shalt not let a green trade go red.

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Above all, practice sound risk management and protect your profits. Recall these commandments regularly, even in the wake of a green day. The market will always find a way to humble you.

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